Authorizes issuance of state bonds to fund removal of blighted properties in Gulfport, Mississippi.
Mississippi House Bill 1007 authorizes the issuance of state general obligation bonds to provide funds for the City of Gulfport to cover costs associated with the removal of blighted properties in the western part of the city. The bonds, totaling up to $550,000, will be exempt from state taxation. Proceeds from the bond sales will be deposited into a special fund, the "2026 City of Gulfport Blighted Properties Fund," and disbursed to the city for the specified purpose. The bonds will mature no later than July 1, 2030.
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